{"id":568179,"date":"2020-12-21T03:34:45","date_gmt":"2020-12-21T03:34:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/"},"modified":"2020-12-21T03:34:45","modified_gmt":"2020-12-21T03:34:45","slug":"a-smattering-of-ma-news-to-keep-things-interesting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/","title":{"rendered":"A smattering of M&#038;A news to keep things interesting"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Nutrien has agreed to drop its arbitration claims against a subsidiary of <\/strong><strong>Misr <\/strong><strong>Fertilizers Production Company (Mopco) <\/strong>as part of its agreement to sell its 26% stake in the company, the <a href=\"http:\/\/bit.ly\/2J4XEQY\">local press<\/a> reports. The Canadian fertilizer producer <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a46977b6-eb32-492f-acde-ac660c7b93a9\">said last week<\/a> that it had agreed to offload its stake for USD 540 mn, which it said included the value of the shares and settlements, but a consultant at the cabinet\u2019s Investment Contracts Dispute Settlement Committee said yesterday that the firm had agreed to drop its cases against the Egyptian Nitrogen Products Company (ENPC).<\/p>\n<p><strong>MEANWHILE- <\/strong><strong>MM Group for Industry and International Trade<\/strong> (MTI) has purchased 49.9% of non-banking financial services company <strong>Basata Financial Holding<\/strong> for EGP 30 mn, according to a <a href=\"https:\/\/ent.news\/2020\/12\/%D8%A7%D9%85-%D8%A7%D9%85-%D8%AC%D8%B1%D9%88%D8%A8-20-12-2020.pdf\">regulatory filing (pdf)<\/a> on Sunday.<\/p>\n<p><strong>Egyptian-British entrepreneur Tamer Abdullah is seeking to increase his shares <\/strong><strong>in Alexandria Medical Services Company<\/strong> from his current 9.8% stake which he bought last month, <a href=\"https:\/\/bit.ly\/2KlbgIx\">Al Mal<\/a> reports. The report did not disclose how many shares he is aiming to purchase but said it would be done in coordination with 51% shareholder Abu Dhabi Commercial Bank.<\/p>\n<p><strong>Odin Investments has 10 days to make a new offer to <\/strong><strong>acquire El Nasr Civil Works<\/strong>, a subsidiary of Madinet Nasr for Housing and Development (MNHD), it said in an <a href=\"https:\/\/ent.news\/2020\/12\/Odin-EL-Nasr.pdf\">EGX disclosure (pdf)<\/a> on Sunday. The clock started yesterday <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a46977b6-eb32-492f-acde-ac660c7b93a9\">MNHD was unhappy with an offer<\/a> made by Odin last week for 90% of the company at EGP 11 per share, saying it was low for the company\u2019s earnings and financial position.<\/p>\n<p><strong>CLARIFICATION<\/strong><strong>-<\/strong> A subsidiary of Raouf Ghabbour\u2019s GB Capital and Africa-focused private equity fund Nationbuilders Capital Partners acquired 100% of Samih Sawiris\u2019 New City Housing and Development in a USD 50 mn transaction, according to <a href=\"https:\/\/ent.news\/2020\/12\/New-City-Developments-_-NCHD.pdf\">a statement (pdf)<\/a>. We picked up local press reports yesterday that incorrectly said the transaction was valued at EGP 365 mn. The story has since been updated on our website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of its agreement to sell its 26% stake in the company, the local press reports. The Canadian fertilizer producer said last week that it had agreed to offload its stake for USD 540 mn, which it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":568180,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[1203,72,7128,353,1851,1434,1165],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-el-nasr-civil-works","tag-enterpriseam","tag-ma-watch","tag-madinet-masr-for-housing-and-development","tag-mm-group","tag-mopco","tag-odin-investments","wpautop","entry"],"acf":{"mongo_id":"7f825fa6-69bd-4ad4-89ae-87f6e81665e8","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/351.jpg","photo_position":"above","related_issue":[568168],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A smattering of M&amp;A news to keep things interesting - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A smattering of M&amp;A news to keep things interesting\" \/>\n<meta property=\"og:description\" content=\"Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of its agreement to sell its 26% stake in the company, the local press reports. The Canadian fertilizer producer said last week that it had agreed to offload its stake for USD 540 mn, which it [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-21T03:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A smattering of M&#038;A news to keep things interesting\",\"datePublished\":\"2020-12-21T03:34:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\"},\"wordCount\":318,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1\",\"keywords\":[\"El Nasr Civil works\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Madinet Masr for Housing and Development\",\"MM Group\",\"Mopco\",\"Odin Investments\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\",\"name\":\"A smattering of M&A news to keep things interesting - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-12-21T03:34:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A smattering of M&#038;A news to keep things interesting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A smattering of M&A news to keep things interesting - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/","og_locale":"en_US","og_type":"article","og_title":"A smattering of M&A news to keep things interesting","og_description":"Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of its agreement to sell its 26% stake in the company, the local press reports. The Canadian fertilizer producer said last week that it had agreed to offload its stake for USD 540 mn, which it [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-12-21T03:34:45+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"A smattering of M&#038;A news to keep things interesting","datePublished":"2020-12-21T03:34:45+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/"},"wordCount":318,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1","keywords":["El Nasr Civil works","EnterpriseAM","M&amp;A Watch","Madinet Masr for Housing and Development","MM Group","Mopco","Odin Investments"],"articleSection":["M&amp;A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/","name":"A smattering of M&A news to keep things interesting - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1","datePublished":"2020-12-21T03:34:45+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/a-smattering-of-ma-news-to-keep-things-interesting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"A smattering of M&#038;A news to keep things interesting"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/351.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548481,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/saudi-wealth-fund-to-acquire-25-of-mopco\/","url_meta":{"origin":568179,"position":0},"title":"Saudi wealth fund to acquire 25% of Mopco","author":"enterpriseam admin","date":"10 August 2022","format":false,"excerpt":"Another Gulf wealth fund wants a piece of Mopco: Saudi Arabia\u2019s sovereign wealth fund will acquire a stake in the state-owned Misr Fertilizers Production Company (Mopco) through the EGX, a source at the bourse confirmed to Enterprise. The Public Investment Fund (PIF) will purchase 25% of the company through its\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/199.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568139,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/20\/tons-and-tons-of-ma-news\/","url_meta":{"origin":568179,"position":1},"title":"Tons and tons of M&#038;A news","author":"enterpriseam admin","date":"20 December 2020","format":false,"excerpt":"Greek energy company Energean has completed the acquisition of Edison\u2019s energy portfolio, which includes substantial oil and gas assets in Egypt, the company said in a statement (pdf). Having originally asked for USD 850 mn, the Italian company agreed to slash its asking price by more than 60% to USD\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/330.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552061,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/09\/this-evening-mopco-gets-interest-from-pif-inflation-figures-are-set-to-drop-tomorrow\/","url_meta":{"origin":568179,"position":2},"title":"THIS EVENING: Mopco gets interest from PIF + Inflation figures are set to drop tomorrow","author":"enterpriseam admin","date":"9 August 2022","format":false,"excerpt":"Happy hump day, friends. It\u2019s still another rather quiet news day here on the home front, but our drought is being punctuated by a pickup in M&A activity.THE BIG STORY TODAY Another GCC sovereign fund wants a piece of Mopco: Saudi Arabia\u2019s sovereign wealth fund is about to acquire a\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601096,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/aind-agrees-to-ue-finance-buyout\/","url_meta":{"origin":568179,"position":3},"title":"AIND agrees to UE Finance buyout","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"M&A WATCH- AIND agrees to buyout UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND) has agreed to purchase Incolease\u2019s 20% stake in UE Finance and take full ownership of the company, the company said in an EGX disclosure (pdf). AIND has agreed on a fair value assessment\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542551,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/ebtikar-ups-stake-in-bee-to-99-9-through-share-swap\/","url_meta":{"origin":568179,"position":4},"title":"Ebtikar ups stake in Bee to 99.9% through share swap","author":"enterpriseam admin","date":"3 January 2022","format":false,"excerpt":"Ebtikar ups stake in subsidiary Bee to 99.9% through share swap: Non-bank financial services player Ebtikar Financial Investments Holding has upped its stake in e-payments platform Bee to 99.9% from 60% via a share swap, its parent companies MM Group and B Investments said in EGX filings (here, pdf and\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/27.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548514,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/11\/the-saudis-have-arrived\/","url_meta":{"origin":568179,"position":5},"title":"The Saudis have arrived","author":"enterpriseam admin","date":"11 August 2022","format":false,"excerpt":"The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry said in a statement. The Saudi Egyptian Investment Company (SEIC), the newly-established Egypt investment arm of the Public Investment Fund, purchased shares in Misr Fertilizers Production Company (Mopco), Abu Qir\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=568179"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568179\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/568180"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568179"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568179"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}